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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

Bull Market Weakness (+75) - HKDARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDARS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HKDARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDARS
Open High Low HKDARS Price Change
8.318027 8.386452 8.304956 8.383069 +0.065042
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long-term trend has been UP since May 9th, 2017 at 1.993850

intermediate term up The intermediate-term trend has been UP since Jan 1st, 2020 at 7.705204

short term down The short-term trend has been DOWN since Apr 6th, 2020 at 8.309761

Smart Scan Analysis for HKDARS

Based on our trend formula, HKDARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.318027 8.386452 8.304956 8.383069 +0.065042
Prev. Close Volume Bid Ask Time
8.318027 8.382531 8.383607 2020-04-06 15:30:08
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